New Student-Built Affordable Housing Completed in Davis County
New affordable housing built by students is completed and for sale in Davis County as a result of a partnership between Utah Housing Corporation and the Davis School District.
May 28, 2012 – (RealEstateRama) — The ECHO program (Educationally Constructed Housing Opportunities) was created by Utah Housing to provide financing to build affordable homes and prepare students for jobs in the construction industry by using a student workforce. The well-built homes are sold to moderateincome households. The school receives a builder’s fee for building the home.
Through the ECHO partnership, two new affordable homes are now available in Davis County.
Open houses will be held in the following locations:
Friday, May 21st, 9:30 a.m.: 3557 W 1500 N, West Point ($204,000)
Friday, May 21st, 11:00 a.m.: 342 W200 N, Clearfield ($190,000)
Since 1998, Utah Housing has invested over 13 million dollars by financing over 100 ECHO homes and funding over $950,000 in profits to school programs. Currently, three ECHO homes are under construction. Davis School District has already built 12 affordable homes, and 118 students are enrolled in the program that constructed these three bedroom, two bath homes.
“One of the most difficult tasks I face as the supervisor of the construction trade program in our schools is the numerous logistical tasks to make this a meaningful experience for our teachers and students. I often rely heavily on the assistance provided by the staff of Utah Housing Corporation to the make this goal a reality,” said Neil Hancey, Career and Technical Education Supervisor of Davis School District.
ECHO homes are sold to households earning 80 percent or less of the Area Median Income (AMI) in their community. The AMI in the Davis County area is $56,480 for a family of four. Utah Housing provides financing for purchasing the land, materials and supplies, and pays for licensed subcontractors. For more information to purchase one of these homes, contact Scott Harmon, Housing Program Manager at 801-902-8235.
Contact:
Susan Van Arsdell: 801-902-8233
Jonathan Hanks: 801-902-8221
